WorldCom Finds More Errors;
Restatement Will Be $7.2 Billion

WorldCom Inc., already facing civil charges for accounting fraud, said it would expand its planned financial restatement to $7.2 billion as a result of additional accounting irregularities.

The telecommunications giant, which previously planned to restate $3.85 billion for last year and part of this year, disclosed that an internal review of its accounting produced additional improperly booked items. The Clinton, Miss., company, which had warned its revision would grow, says it will have to revise its financials for the year...